Crypto Flipsider News – September 8th – Oil Prices Drop, Followed by Crypto Crash, the SEC Threatens to Sue Coinbase, Shares Drop, Germany Investment Funds, and Crypto Volatility

Read Wednesday's breaking news in the daily digest!

Continue reading Crypto Flipsider News – September 8th – Oil Prices Drop, Followed by Crypto Crash, the SEC Threatens to Sue Coinbase, Shares Drop, Germany Investment Funds, and Crypto Volatility at DailyCoin.com.

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Significant Outflows Hit Digital Asset Funds Amid Hawkish FED Stance

Digital asset investment funds experience substantial outflows of $415 million following hawkish FED rhetoric and higher-than-expected inflation data, according to CoinShares. (Read More)

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Chinese State-Owned Company Launches 2 Crypto Funds in Hong Kong

One of China’s leading insurers has backed the establishment of two crypto investment funds in Hong Kong. The business move comes against the backdrop of the region’s ambitions to become a hub for digital assets, and despite the negative regulatory attitude towards the market in the mainland. Chinese Insurance Giant Enters Crypto Space Through Hong [...]

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